Hong Kong’s political unrest since 2019 led to the imposition of a national security law and the revamping of its electoral system by China’s National People’s Congress. Given a preconceived perspective on communist rule and Beijing’s tightening grip on the city, gloomy views abound about its future. Amid growing anxieties and uncertainties, this article considers what sensible prediction can be made of a post-2020 Hong Kong in a changed context with different conditions and assumptions. Will Hong Kong still thrive as a global city or will it have to be resigned to becoming just another city of China?